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Divya Kirti on the Economics of Climate Change

August 27, 2021

Insights from economics, and economic thinking have an important role to play in addressing climate change and mitigating its impact. (iStock by Getty Images/Alex Liew)

As climate change looms ever larger, most economists agree that a carbon tax would go a long way toward reducing emissions. But carbon taxes and related policies often face deep political constraints, and many are looking at sustainable investing as a way forward. Economist Divya Kirti is coauthor along with Dalya Elmalt and Deniz Igan of a working paper titled Limits to Private Climate Mitigation. In this podcast, Kirti talks about how such market forces could help make meaningful progress in addressing climate change.  Transcript

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Divya Kirti is an Economist in the IMF Research Department.